lsw -Republic of the Philippines MINISTRY OF FINANCE Office of the Minister Manila

MINISTRY ORDER NO. June 29, 1982 SUBJECT:

TO

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92

RECLASSIFICATION OF THE CITY OF IRIGA, TO TAKE EFFECT JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465. The Regional Director for Local Government Finance, Region V, City Mayor, Sangguniang Panlungsod, City Treasurer and Auditor and Others Concerned.

Pursuant to Section 2 of Presidential Decree No. 465, the City of Iriga is hereby reclassified from Second Class to First Class, to take effect July 1, 1982, on the basis of its average annual income of ?5,784,304.35 actually realized during the last four (4) consecutive fiscal years (1978-1981), as:cei•tffied by the Commission on Audit under letter dated June 11, 1982. Furthermore, pursuant to Section 3 of the aforementioned Presidential Decree, the City of Iriga is hereby sub-classified as First Class-A, to take effect July 1, 1982, on the basis of the average annual income of ?7,920,026.40 actually realized during the last two (2) consecutive calendar years (1980-1981), as certified also by the said Commission. The foregoing classification and sub-classification of the said city shall be the basis for determining the maximum amounts expendable for salaries and wages, representation allowances, administrative aids and other statutory contributions in the adoption of the annual budgets, as well as the maximum salary rates of local government. officials and employees in accordance with existing law and regulations.

By authority of the Minister:

LOR

CARLOS Di for Office of Local Government Finance ebpau/

"Tsang Bansa, Isang Diwa"

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